THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC (EIN 611259683) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

DAVID L FOLEY

Phone

8597050425

Tax Period

2023-07-01 to 2024-06-30

THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC, founded in 1994, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 35% operating margin.

Mission

TO AID, SPONSOR, PROMOTE AND CONTRIBUTE TO EDUCATION IN FURTHERANCE OF THE TREATMENT, CARE AND WELFARE OF THE HORSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,658,788

Program Service Revenue $0

Investment Income $279,856

Other Revenue $-24,090

TOTAL REVENUE $2,914,554

Expense Breakdown

Grants Paid $1,044,309

Salaries & Benefits $402,250

Fundraising Expenses $336,136

Program Expenses $1,370,818

Other Expenses $458,989

TOTAL EXPENSES $1,905,548

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,914,554	$1,989,884	+0.5%
Expenses	$1,905,548	$1,734,447	+0.1%
Net Income	$1,009,006	$255,437	+3.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$392,166

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE GARRETT	PRESIDENT	1.00	Officer Director	$0	$0	$0
TRACY TURNER	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
SARAH RUESS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MITCHELL RODE	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT P FRANKLIN	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
TEGAN EASTON	DIRECTOR	0.50	Director	$0	$0	$0
ERIC MUELLER	DIRECTOR	0.50	Director	$0	$0	$0
RAUL BRAS	DIRECTOR	0.50	Director	$0	$0	$0
ERIN CONTINO	DIRECTOR	0.50	Director	$0	$0	$0
ELISABETH CHARLES	DIRECTOR	0.50	Director	$0	$0	$0
JACKIE CHRISTAKOS	DIRECTOR	0.50	Director	$0	$0	$0
SARA LANGSAM	DIRECTOR	0.50	Director	$0	$0	$0
DAVID FOLEY	EXECUTIVE DIRECTOR	5.00	Officer	$0	$32,233	$392,166
LORI RAWLS	DIRECTOR OF FINANCE AND OPERATIONS	5.00	Highest	$0	$24,207	$171,444
SALLY BAKER	DIRECTOR OF MARKETING	5.00	Highest	$0	$32,317	$168,791
KEITH KLEINE	DIRECTOR OF INDUSTRY RELATIONS	5.00	Highest	$0	$17,335	$157,853
NICK ALTWIES	DIRECTOR OF MEMBERSHIP	5.00	Highest	$0	$22,882	$133,287

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$2,914,554	$1,905,548	$9,307,931	$1,009,006
2023	$1,989,884	$1,734,447	$7,599,569	$255,437
2023	$2,914,554	$1,905,548	$9,307,931	$1,009,006
2022	$2,347,537	$1,502,987	$7,125,357	$844,550
2021	$1,820,336	$1,016,859	$7,530,686	$803,477
2019	$1,298,710	$1,073,517	$5,796,881	$225,193
2018	$1,593,385	$806,765	$4,931,987	$786,620

THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC